GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

High Rates of Botnet Reoccurrence and Automated Malware Demonstrate Importance of Intelligent and Automated Security Controls Combined with Incident-response Strategies

Dubai, UAE.– December 4, 2017; Fortinet® (NASDAQ: FTNT), the global leader in high-performance cybersecurity solutions, today announced the findings of its latest Global Threat Landscape Report. The research reveals that high botnet reoccurrence rates and an increase of automated malware demonstrate that cybercriminals are leveraging common exploits combined with automated attack methods at unprecedented speed and scale. For a detailed view of the findings and some important takeaways for CISOs read our blog.

“Whether it's WannaCry in May or Apache Struts in September, long-known and yet still-unpatched vulnerabilities serve as the gateway for attacks time and time again.” said Phil Quade, chief information security officer, Fortinet. “Remaining vigilant of new threats and vulnerabilities in the wild is critical, but organizations also need to keep sight of what is happening within their own environment. There is an incredible urgency to prioritize security hygiene and embrace fabric-based security approaches that leverage automation, integration, and strategic segmentation. Our adversaries are adopting automated and scripted techniques, so we need to raise their price of attacking to combat today's new normal.”

Highly Automated Attacks and Swarm Technology Becoming the Norm

Keeping up with swarm attacks, botnet reoccurrences, or the latest ransomware attack is daunting for the most strategic or staffed security team. If caught off guard, any organization can fall victim to the enormous amount of attacks at play today. To facilitate learning from what is happening in the wild, the intelligence included in the latest report offers views of the cyberthreat landscape from many perspectives. It focuses on three central and complementary aspects of that landscape, namely application exploits, malicious software, and botnets. It also examines important zero-day vulnerabilities and infrastructure trends of the corresponding attack surface to add context about the trajectory of cyberattacks affecting organizations over time.

Severity of Attacks Creates Urgency: 79% of firms saw severe attacks in Q3 2017. Research data overall during the quarter quantified 5,973 unique exploit detections, 14,904 unique malware variants from 2,646 different malware families, and 245 unique botnets detected. In addition, Fortinet identified 185 zero-day vulnerabilities to date this year.

Botnet Reoccurrence: Many organizations experienced the same botnet infections multiple times. This is an alarming data point. Either the organizations did not thoroughly understand the total scope of the breach and the botnet went dormant only to return again after business operations went back to normal, or the root cause was never found and the organization was re-infected with the same malware.

Swarming Vulnerabilities: The exact application exploit used by attackers to breach Equifax was the most prevalent with 6,000+ unique detections recorded last quarter, and it is once again the most prevalent this quarter. In fact, three exploits against the Apache Struts framework made the top 10 list of most prevalent. This is an example of how attackers swarm when they catch scent of widespread, vulnerable targets.

Mobile Threats: One in four firms detected mobile malware. Four mobile malware specific families stood out for the first time because of their prevalence. This is an indication that mobile is increasingly becoming a target and that the threats themselves are becoming automated and polymorphic. With holiday shopping season in full swing this trend is concerning as purchases from mobile devices will be frequent and IoT devices will be popular gifts to be purchased.

Pervasive and Evasive Malware: The most common functionality among top malware families was downloading, uploading, and dropping malware onto infected systems. This behavior helps slip malicious payloads through legacy defenses by wrapping them in dynamic packaging. In addition, malware strains that establish remote access connections, capture user input, and gather system information were common as well. These advanced techniques are becoming the norm recently and both data points demonstrate the increased intelligent and automated nature of malware today.

Ransomware is Always There: After a hiatus during the first half of the year, the Locky ransomware ramped up in a big way with three new campaigns. Roughly 10% of firms reported it. In addition, at least 22% of organizations detected some type of ransomware during the quarter.

Cybercriminals Target All Sizes: Midsize firms saw higher rates of botnet infections, demonstrating that they deal with more than their fair share of security problems. Cybercriminals potentially view midsize organizations as a “sweet spot” because often they do not have the same level of security resources and technologies as large enterprises but are seen as having valuable data assets. At the same time, the attack surface for midsize firms is growing at a fast pace because of their cloud adoption rates.

SCADA is Critical: In addition to high-volume attacks like those against Apache Struts, some threats fly below the radar or have severe consequences that spillover beyond the organization in which they occur. Among the exploits tracked that target various types of supervisory control and data access (SCADA) systems, only one crossed the 1/1,000 threshold of prevalence and none were observed by more than 1% of reporting firms. Unfortunately, enterprise network intrusions and outages are bad, but breaches into SCADA environments put the physical infrastructure on which many lives depend at risk, demonstrating the importance of this statistic.

Fight Automated Attacks with Actionable Intelligence and Automated Security

The findings this quarter reinforce many of the predictions unveiled recently by the Fortinet FortiGuard Labs global research team for 2018. Both the trends and the threat data potentially foreshadow a wave of new types of attacks coming in the near future. The cybercrime community is already adept at leveraging advances in automation to create attacks exploiting vulnerabilities with increasingly malicious payloads capable of spreading at speed and scale.

Only a security framework that utilizes advanced threat intelligence sharing and an open architecture to tie security and networking components into a single, automated, and proactive defense and response system can protect for the future. The ever-evolving attack surface requires the flexibility to quickly implement the latest security strategies and solutions with the ability to seamlessly add advanced techniques and technologies as they emerge, without throwing out the existing infrastructure.

As the volume, velocity, and automation of attacks increase, it becomes important to align patching prioritization to what is happening in the wild to focus better on the most critical. In addition, organizations need to ensure that a strategic threat detection and incident-response strategy is in place that complements technology and intelligence to speed up the process.

Report Methodology
The Fortinet Global Threat Landscape report is a quarterly view that represents the collective intelligence of FortiGuard Labs drawn from Fortinet's vast array of sensors during Q3 2017.  Research data covers global, regional, industry sector, and organizational perspectives. To complement the report, Fortinet publishes a free, subscription-based Threat Intelligence Brief that reviews the top malware, virus, and web-based threats discovered every week, along with links to that week's most valuable Fortinet research.

 



Posted by : GoDubai Editorial Team
Viewed 3294 times
Posted on : Monday, December 4, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Huawei Joins 5G-MoNArch Consortium to Lead Design of Architecture based on Network Slicing
Next Story : RIPE NCC Joins Arab Internet & Telecom Union as Observing Member
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Sacoor Brothers launches FIRST ever Fragrance “GENTLEMAN”
Get Your Summer Glow From Within
Palmer's Coconut Oil Formula for Body and Hair
Express Your Signature Style
The Memovox Adventure
Cerruti 1881 Infinite Love
Tissot Lepine It's making a comeback Vintage
OMEGA's second "Speedy Tuesday" sells in 01:53.17
Manero Peripheral (43 Mm) Classic Watchmaking Meets State -of-the - Art Technology
The Lacoste Family Capbreton Collection
Olivia Burton Watercolour Florals
Ferrari takes the “Red Dot: Best of the Best” design award for the fourth year r...
Ulysse Nardin Salutes Us Navy With Limited Edition Executive Skeleton Tourbillon
New short indie movie ‘The Peril' is a wake-up call to parents about internet sa...
Beat the heat with mini dresses
Innovative Chronofighter Superlight Carbon is replete with Graham's formidable m...
DKNY Fall 2018
UAE's Emirates Transport Chooses Oracle Cloud to Drive Rapid Expansion and Deliv...
Enjoy an all-day breakfast at Sophie's Café
Tissot T-Race Cycling An adrenaline-fuelled ride
Marchon Eyewear and G-III Apparel Group Sign Exclusive Global Licensing Agreemen...
Tridom, Ras Al Khaimah's first indoor adventure park, opens its doors in Manar Mall
Jaeger-Lecoultre Main Sponsor of the 75th International Film Festival of La Bie...
Travel Light with Beauty Essentials from Glambeaute.com
Dubai Camel Racing Club Honours Al Tayer Motors
Oh, Sweetie Lipcolour!
Open Dairies by Parmigiano Reggiano Consortium: A gastronomical event for touris...
Inspired by legends, worn by new heroes, PUMA FOOTBALL brings you the AC MILAN 2...
DHL Express drives energy efficient solutions with new electric vehicles in Dubai
Airbus unveils winners of its ‘Entaliq in KSA' initiative
Dubai Creek Harbour Project Celebrates 5 Million Man Hours with Zero Lost Time A...
Enjoy DSS 2018 Offers at Parah
Go Down Memory Lane with Fashion Trends from the '90s
Outstanding Guide programme launched by Sharjah Museums Authority
Sighting Immediate Hiring of UAE Nationals, Union Coop Organizes Exclusive Recru...
Launch of PINAR Water - Turkey
Abu Dhabi Airports Celebrates Success at CIPS Middle East Supply Management Awards
Cromia Offers Amazing Discounts during DSS
2XL launches luxurious Louna sofa set in velvet
Dubai Business Women Council witnesses 28.3% growth in total membership during f...
Summer Love by Mouawad
New hope for patients as world's first and only approved therapy to treat two ty...
Tommy Hilfiger Dressed Up Collections
Finnair launches off-airport baggage collection and check-in service in London w...
HP Collaborates with Abu Dhabi's Danat Al Emarat Hospital to Re-invent Patients'...
Experts urge residents to recognize early signs of Heart Disease
Take your mobile gaming to the next level
DS Podium Chronograph - Sporty as ever, now with PrecidriveTM
Martin on a Mission as He Claims Sixth Spot for UAE Team Emirates in Stage Five ...
Mobile Fiesta at Jumbo Electronics this DSS 2018